Mergers and Acquisitions of Biotechnology Companies
This article was originally published in Start Up
Executive Summary
Annually since the late 1980's, biotechnology industry pundits have predicted a massive upswing in mergers and acquisitions. This long-prophesied consolidation has not occurred; in fact, while the number of acquisitions has increased slightly from year to year, the value annually of completed deals has remained roughly constant since the beginning of the decade.